Dear All,
Mr. A is an executive director in Co. X.He is working in Co. Y as an employeehe & he is getting salary from Co. Y. Also he is getting a salary from Co. X. Now my query is whether Mr. A can get a salary from Co. X even though he is an exe. Director.

Your early reply will be highly appreciated.

Thanking you in advance.
Regards'
Yatesh Renuke.

Dear Sir/Madam

Can i close my quarter end instead of 30/06/2012 on 25/06/2012 or same way can I close my year end instead of 31st March on 25th March.

Is it compulsary to end the accounting period on end of the month, and not in middle of the month.

Also can u provide the section details

Thanks in advance

how bank decide to set the minimum bank interest rate on sanctioning of the term loan ?

what the basic funda?
how we know that particular bank performing well & have very nominal not permforming assets?

The Form-23B is mandatory applicable for all the companies or what

I want to opn a Finance Company in which I will provide loan to the people at lower rate of interest thn banks? I did some research and found out tht NBFC is requd fr those kind of company and for registration of NBFC 2 crore is needed, which I dont have now.
So is there any other way of establishing such company?

i am in urgent need of article of association of public limited company limited by shares invovled in real estate activities & registered in India
can anyone help??????????/

Plz send me a MOA format for clinics & hospitals, diagnostic services, pathlogy, medicine trade etc.

A relative of director is appointed by the Board to hold place of profit at a monthly remuneration not exceeding Rs.8000/-. As per Sec 314 this does not require approval of EGM or Central Government. The company is public limited and is having capital Rs.10 crore.

The query is: whether we need to obtain approval of Central Government u/s 297 for availing the services of such relative of director.
As per circular 13/75 of 1975 the professional services of advocates/ solicitors who are relatives of directors have been exempted from the purview of sec 297.

Could somebody pls clarify whether Central Govt approval u/s 297 is required if:
- the appointee is not professionally qualified

- the appointee is professionally qualified

X Ltd - (Foreign Co) holds 99.99% of shares in PQR Pvt Ltd (Indian co) and 1 share (0.001%) is held by Mr. NRI as Nominee shareholder of X Ltd.
Now i want to transfer this 1 share held by Mr. NRI to other Foreign Company.
please guide me with:
1. whether should i follow transfer of share (s.108) or should i need to follow change of nominee route (S.109A)of Co. Act.
2. Fema Guidelines for transfer of share from Non resident to non resident.
3. also do it involve any transactions for purchase price and how it is valued under FEMA / Companies Act.
4. what are the formalities to comply with under FEMA and Co Act.
please reply me urgently.
thanks
in advance.

Hello Sir,

Please Anybody provide me the MOA Draft of co. The Co. main Object is advise to all business activity .Suppose my Co. name is ABC Advisors Private Limited.
Advisors related to Brokrage, Business Insurance activity.